Which settlement currencies do you support?

Transaction currencies are the currencies that you as a business owner can offer your products/services in. Customers use transaction currencies to pay for their orders.

You can accept all transaction currencies offered by Visa and Mastercard with Anyday.

The currency you receive your payouts in your settlement currencies. We can pay you out in DKK, EUR, SEK, NOK, GBP, and USD.

Why have multiple settlement currencies?

As a business owner with several settlement currencies, you can save conversion costs by offering your service in countries that use different currencies than your local one.

Each settlement currency at Clearhaus would then receive a separate account.

Example

You are selling your products locally in Denmark. You are an e-commerce company based in Denmark. All received DKK for your products/services are placed in your DKK account. Your bank account is also in DKK.

You decide to make your products/services available in Sweden. In exchange, you will receive SEK. You can, therefore, open an account in SEK for the placement of your Sweden-received payments. They will then be paid out to your bank account in SEK, and not be exchanged to DKK.

Though, this is only beneficial if you have costs in SEK.

Your company saves conversion rates with these flexible settlement currencies.

When do you pay out my money?

We payout from your acquire account to your bank account depending on your choice of preference. You are able to choose between daily, weekly, and monthly.

Note: If you have a foreign bank (non-Danish) you may receive your money a few days later than specified below.

Examples:

Daily

Transactions you capture after 19:00 on Monday and before 19.00 Tuesday will be settled the following Thursday.

This settlement period has a 3 bank days delay.

Weekly

Transactions you capture after 19:00 on Monday and before the following Monday at 19.00, will be settled the following Thursday.

This settlement period has a 3 bank days delay.

Monthly

Transactions captured between, for example, the 31st of July 2017 19:00 and the 31st August 2017 19:00, will be paid out on the 5th of September 2017.

This settlement period has a 3 bank days delay.

What settlement periods to choose from?

All customers have weekly settlements by default because it is usually the best solution. If you for example due to cashflow prefer daily or monthly settlements, make sure to write it in the “additional information” field in the application.

If you need any help or guidance to select the perfect settlement plan for you, do not hesitate to contact us at help@anyday.io or + 45 81 81 61 81.

*The information in this article is only eligible to Anyday Pay

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